Update
GENIUS Act Rules Advance as BanxNetwork Eyes Its Next Milestone
Regulatory and blockchain development continue to matter in the digital asset space. BanxNetwork has revealed its intentions for its next milestone, focusing on five altcoins: Raydium (RAY), Ethena (ENA), Curve DAO (CRV), VeChain (VET), and Optimism (OP). These altcoins represent activity in decentralized finance, payments, supply chains, and blockchain infrastructure. BanxNetwork's next milestone is a priority to watch, as the GENIUS Act lays out a framework for U.S. federal regulation of payment stablecoins, including requirements for issuers, reserves, and regulatory oversight.